25, ELTON CLOSE, BALDERTON, NEWARK, NG24 3JY - £161,000

25 ELTON CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £161,000 in August 2020, which was around 42% below the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

25 ELTON CLOSE Sold Prices

Land registry data shows four sales for 25 ELTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 25 ELTON CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 17 AUG	£161,000	£275,638	42% below HPI
2004 27 AUG	£145,000	£193,174	25% below HPI
2001 21 FEB	£59,950	£97,421	38% below HPI
1996 6 DEC	£47,500	£72,320	34% below HPI

25 ELTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 25 ELTON CLOSE sales between December 1996 and August 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 25 ELTON CLOSE?

25 ELTON CLOSE is 66m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 25 ELTON CLOSE lies on this distribution: 13% of detached houses are smaller than 25 ELTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Balderton.

25 ELTON CLOSE: Plot and Title Map

25 ELTON CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 25 ELTON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 25 ELTON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 25 ELTON CLOSE?

25 ELTON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 25 on ELTON CLOSE.